Economic Impacts of the Affordable Homes Act
Technical Memo on Findings and Methods
January 2024
The Affordable Homes Act is the largest housing bond bill in Massachusetts’ history, with wide-ranging impacts on housing affordability, climate readiness, equity, and economic growth. EOHLC commissioned the University of Massachusetts Donahue Institute (UMDI) to assess the bill’s potential economic outcomes. UMDI’s team of economists and researchers used an industry standard economic modeling tool (IMPLAN) to estimate the direct, indirect, and induced economic activity associated with the act’s spending and policy proposals.
